Circular Economy | Suppy Chain Management
The circular economy is ready for takeoff, with new technologies like the internet of things, big data analytics, and blockchain as powerful catalysts.
Source: news.sap.com
The circular economy is ready for takeoff, with new technologies like the internet of things, big data analytics, and blockchain as powerful catalysts.
Source: news.sap.com
NASA has confirmed that it has completed stacking the Orion spacecraft aboard the Space Launch System rocket that will push it into orbit in the future. With the stacking of the rocket complete, it’s ready to be transferred to the launchpad for its long-anticipated trip into orbit. Along with the completion of stacking the rocket, NASA has also now confirmed a potential launch date for the uncrewed Artemis I mission.
On March 30, 2022, the Canada Infrastructure Bank (CIB) and Johnson Controls signed an agreement that commits more than $125 million (CAD) to accelerate private sector decarbonization building retrofit projects across Canada. As originally documented in the 2002 book, The Restoration Economy, the retrofitting of existing buildings is almost always far more green than demolishing old buildings and constructing anew. “Investments in building retrofits are key to reducing greenhouse gas emissions and reaching Canada’s target of net zero emissions by 2050. The CIB’s investment will enable Johnson Controls to provide participating organizations the expertise and solutions they need to make their buildings more sustainable while creating hundreds of high-quality jobs in the skilled trades,” said Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities.
Seafarers face multiple risks to their health and wellbeing, which can affect safety, performance, and livelihoods. According to the European Maritime Safety Agency (EMSA) 2019 annual overview of maritime casualties and incidents study, 66% of incidents are caused by “human factors”, with crew fatigue and lack of situational awareness being major contributing causes. Integrated with the SAFEVUE.ai(1) platform, the SOL-X ATEX Certified SmartWatch transforms operations by extending safety and health intelligence to the edge. It enables connected wellbeing programs, provides real time(2) visibility to front line crew operations, and enhances crew situational awareness vessel wide. The SOL-X SmartWatch is ATEX Zone 1 Certified for use in hazardous environments.
The circular economy supports sustainability by enabling economic growth without greater resource use.
“The Basics” provides essential knowledge about core business sustainability topics. Companies sold 1.52 billion smartphones worldwide in 2019. Meanwhile, almost half of American smartphone users reported upgrading their phones before the phones stopped working. And almost all discarded phones go to landfills. This is a common pattern in our current “linear economy,” where we take materials to make something and then get rid of it when we’re done using it. The linear economy is a system that assumes that our supply of resources is infinite and that the Earth can absorb all our waste. This approach has real costs, for businesses and the planet. Those landfilled phones, for example, are full of valuable materials. A tonne of iPhones delivers 300 times more gold than a tonne of gold ore. The linear economy doesn’t capture that value. Instead, the old phones become waste and companies manufacture new phones in a resource- and energy-intensive process.
As concern grows around fashion’s unsustainable practices, consumers expect brands and retailers to start making eco-friendly decisions across all supply chain and business operations – or risk their interest and loyalty.
UK brand Beauty Kitchen has taken sustainability and eco-friendly up a notch or two with its pioneering programme ‘Return. Refill.Repeat.’…